Le Pac
ActiveSummary
The computed 12-month bankruptcy probability of Le Pac is 1.5% (moderate). The 2025 annual accounts show equity of €17.8m and a net result of -€116,731. Equity is growing by ~3.2% per year across the filed fiscal years. The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability36▲+4
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
1.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,050,000 at 30 days acceptable
Liquidity short (current ratio 0.81 against 1.47 in 2024; short-term debt: 7% and cash: 0.1% of total assets), and 8.3% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
91.7%
Return on assets
-0.6%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-07-2026, 15 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
15 d early
2024
7 d early
2023
2 d late
2022
25 d late
2021
19 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 5 accounts on average 3 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 24 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, full schema, statutory accounts
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€116,731▲ 71.8%
2024 · -€414,258
Working capital
-€257,261
2024 · €401,705
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€125,092▲ 9.1%-€126,476▼ 1.1%-€47,519▲ 62.4%-€59,283▼ 24.8%-€71,448▼ 20.5%
Net result€2.9m▲ 54.4%-€887,954-€186,906▲ 79.0%-€414,258▼ 122%-€116,731▲ 71.8%
Equity€20.5m▲ 16.3%€19.7m▼ 4.3%€19.5m▼ 1.0%€18.6m▼ 4.7%€17.8m▼ 3.9%
Total assets€20.6m▲ 15.4%€20.0m▼ 2.7%€20.0m▼ 0.2%€19.6m▼ 1.8%€19.5m▼ 0.8%
Debt€22,100▼ 85.9%€355,726▲ 1,510%€495,350▲ 39.3%€1.1m▲ 112%€1.6m▲ 53.9%
Working capital€3.1m▲ 220%€1.7m▼ 45.8%€1.1m▼ 37.2%€401,705▼ 62.4%-€257,261
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €71,448 in 2025 against €59,283 in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €19.5m
Fixed assets
€18.3m ▲ 0.1%
Current assets
€1.1m ▼ 12.7%
Equity and liabilities €19.5m
Equity
€17.8m ▼ 3.9%
Debt
€1.6m ▲ 53.9%
Debt's share of the balance-sheet total rises from 5.4% to 8.3%. Equity is lower and debt is higher.
Key figures and ratios
Current ratio
0.81▼
2024 · 1.47
Debt to equity
0.09▲
2024 · 0.06
ROE
-0.7%▲
2024 · -2.2%
ROA
-0.6%▲
2024 · -2.1%
Debt ≤ 1 year
€1.4m▲
2024 · €863,742
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | - | €7,501 | €17,341 | ▲ 131% |
| Non-recurring operating income76A | - | - | - | €7,501 | €17,341 | ▲ 131% |
| Operating charges60/66A | €125,092 | €126,476 | €47,519 | €66,783 | €88,789 | ▲ 33.0% |
| Services and other goods61 | €46,224 | €53,108 | €46,559 | €65,816 | €87,791 | ▲ 33.4% |
| Other operating charges640/8 | €868 | €868 | €960 | €968 | €998 | ▲ 3.2% |
| Non-recurring operating charges66A | €78,000 | €72,500 | - | - | - | - |
| Operating profit (loss)9901 | -€125,092 | -€126,476 | -€47,519 | -€59,283 | -€71,448 | ▼ 20.5% |
| Financial income75/76B | €3.0m | €63 | €36,706 | €20,242 | €5,936 | ▼ 70.7% |
| Recurring financial income75 | €3.0m | €63 | €36,706 | €20,242 | €5,936 | ▼ 70.7% |
| Income from financial fixed assets750 | €3.0m | - | - | - | - | - |
| Income from current assets751 | - | - | €36,706 | €20,242 | €5,936 | ▼ 70.7% |
| Non-recurring financial income76B | - | €63 | - | - | - | - |
| Financial charges65/66B | €250 | €761,541 | €176,093 | €375,217 | €51,220 | ▼ 86.3% |
| Recurring financial charges65 | €250 | €761,541 | €176,093 | €175,097 | €51,220 | ▼ 70.7% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)651 | - | €760,522 | €158,800 | €158,000 | €39,000 | ▼ 75.3% |
| Other financial charges652/9 | €250 | €1,019 | €17,293 | €17,097 | €12,220 | ▼ 28.5% |
| Non-recurring financial charges66B | - | - | - | €200,121 | - | - |
| Profit (loss) for the period before taxes9903 | €2.9m | -€887,954 | -€186,906 | -€414,258 | -€116,731 | ▲ 71.8% |
| Profit (loss) for the period9904 | €2.9m | -€887,954 | -€186,906 | -€414,258 | -€116,731 | ▲ 71.8% |
| Profit (loss) for the period to be appropriated9905 | €2.9m | -€887,954 | -€186,906 | -€414,258 | -€116,731 | ▲ 71.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €20.6m | €20.0m | €20.0m | €19.6m | €19.5m | ▼ 0.8% |
| Fixed assets21/28 | €17.4m | €18.0m | €18.5m | €18.3m | €18.3m | ▲ 0.1% |
| Financial fixed assets28 | €17.4m | €18.0m | €18.5m | €18.3m | €18.3m | ▲ 0.1% |
| Affiliated companies280/1 | €16.7m | €16.7m | €16.7m | €16.7m | €16.7m | ▲ 0.1% |
| Participating interests280 | €16.7m | €16.7m | €16.7m | €16.7m | €16.7m | ▲ 0.1% |
| Companies linked by participating interests282/3 | €199,999 | €199,999 | €199,999 | - | - | - |
| Participating interests282 | €199,999 | €199,999 | €199,999 | - | - | - |
| Other financial fixed assets284/8 | €491,255 | €1.0m | €1.6m | €1.6m | €1.6m | = |
| Shares284 | €491,255 | €1.0m | €1.6m | €1.6m | €1.6m | = |
| Current assets29/58 | €3.1m | €2.0m | €1.4m | €1.3m | €1.1m | ▼ 12.7% |
| Amounts receivable within one year40/41 | €3.1m | €1.5m | €998,745 | €986,354 | €857,586 | ▼ 13.1% |
| Other amounts receivable41 | €3.1m | €1.5m | €998,745 | €986,354 | €857,586 | ▼ 13.1% |
| Current investments50/53 | - | €583,800 | €425,000 | €267,000 | €228,000 | ▼ 14.6% |
| Other investments51/53 | - | €583,800 | €425,000 | €267,000 | €228,000 | ▼ 14.6% |
| Cash at bank and in hand54/58 | €63,266 | €10,861 | €943 | €12,093 | €19,194 | ▲ 58.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €20.6m | €20.0m | €20.0m | €19.6m | €19.5m | ▼ 0.8% |
| Equity10/15 | €20.5m | €19.7m | €19.5m | €18.6m | €17.8m | ▼ 3.9% |
| Contributions10/11 | €15.8m | €15.8m | €15.8m | €15.8m | €15.8m | = |
| Profit (loss) carried forward14 | €4.7m | €3.8m | €3.6m | €2.7m | €2.0m | ▼ 26.5% |
| Amounts payable17/49 | €22,100 | €355,726 | €495,350 | €1.1m | €1.6m | ▲ 53.9% |
| Amounts payable within one year42/48 | €5,454 | €345,485 | €356,322 | €863,742 | €1.4m | ▲ 57.7% |
| Financial debts43 | - | €339,702 | €347,692 | €352,010 | €352,010 | = |
| Credit institutions430/8 | - | €339,702 | €347,692 | €352,010 | €352,010 | = |
| Trade debts44 | - | - | - | €2,838 | €652 | ▼ 77.0% |
| Suppliers440/4 | - | - | - | €2,838 | €652 | ▼ 77.0% |
| Other amounts payable47/48 | €5,454 | €5,783 | €8,630 | €508,895 | €1.0m | ▲ 98.3% |
| Accrued charges and deferred income492/3 | €16,647 | €10,241 | €139,029 | €186,626 | €254,391 | ▲ 36.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2.9m | -€887,954 | -€186,906 | -€414,258 | -€116,731 | ▲ 71.8% |
| Operating cash flow (approximation) | €2.9m | -€887,954 | -€186,906 | -€414,258 | -€116,731 | ▲ 71.8% |
| Investment in fixed assets (approximation) | - | -€546,498 | -€575,632 | €199,999 | -€10,000 | ▼ 105% |
| Change in cash | - | -€52,405 | -€9,917 | €11,150 | €7,101 | ▼ 36.3% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
10-09
State Gazette act
General meeting · Director reappointment
09-09
State Gazette act
General meeting · Director reappointment
Mandate compensation
23-07
NBB filing
Annual accounts filed
fiscal year 2025 · consolidated
16-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
08-08
NBB filing
Annual accounts filed
fiscal year 2024 · unclassified schema
24-07
NBB filing
Annual accounts filed
fiscal year 2024 · consolidated
2024
02-08
NBB filing
Annual accounts filed
fiscal year 2023 · unclassified schema · 2 days late
02-08
NBB filing
Annual accounts filed
fiscal year 2023 · consolidated · 2 days late
2023
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · consolidated · 25 days late
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · unclassified schema · 25 days late
2022
31-12
Financial
Weakest financial yearnet -€887,954
Net result drops to -€887,954, the lowest in the series; recovery starts the following year.
12-07
NBB filing
Annual accounts filed
fiscal year 2021 · consolidated
Show earlier events
12-07
NBB filing
Annual accounts filed
fiscal year 2021 · unclassified schema
2021
31-12
Financial
Highest result since 2018net €2.9m ▲54.4%
Net result €2.9m, the highest in the series.
31-12
Financial
Liquidity times 63current ratio 577.28
Current ratio from 9.12 to 577.28; short-term debt falls from €120,956 to €5,454.
2020
31-12
Financial
Back to profitnet €1.9m
Net result €1.9m after 2 loss-making years.
31-12
Financial
Liquidity times 11current ratio 9.12
Current ratio from 0.85 to 9.12; short-term debt falls from €256,241 to €120,956.
2019
31-12
Financial
Equity above €10mEq €15.8m
Equity rises from -€12,913 to €15.8m.
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts
We know of 9 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
9 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Elsene · 1 establishment unit since 2011
Ground area
495 m²
Building footprint
278 m²
Volume, LiDAR
3,675 m³
2 parcels, Brussels · tallest building 21.1 m, ±6 floors. Linked by address, not a title deed.
7
companies at this address
See who is registered here
1 establishment unit
Louizalaan 24, 1050 Elsene
since 20112.210.550.222
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21009A0366/02T000 | Brussels | 257 m² | 1 · 87 m² | 21.1 m · 6 fl. |
| 21447B0310/00E036 | Brussels | 237 m² | 1 · 191 m² | 15.9 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Heads the group
Le Pac
5 companies
Group, risk and exposure
Owners and holdings
1 owner · 5 holdings · 14 subsidiaries in the treeOwners 1
-
19.91%
Holdings 5
-
100%
-
100%
- LE PAC IMMOsubsidiaryEquity €839,661Result €121,19699.98%
-
99.97%
-
40%
All subsidiaries, including indirect ones 14
Companies in which this company or one of its subsidiaries holds more than half, or which it consolidates according to the LEI register.
- MILOR GOOD TIME Inc.US 100%
- PAC IMMO ITALIA SRLIT 100%
- LE PAC IMMO 99.98%
LABORATOIRE PURESSENTIEL 99.97%10 subsidiaries
- LABORATOIRE PURESSENTIEL IRELAND LIMITEDIE 100%
- PURESSENTIEL BENELUX 100%
- PURESSENTIEL DEUTSCHLAND GMBHDE 100%
- PURESSENTIEL FRANCEFR 100%
- PURESSENTIEL ITALIAIT 100%
- PURESSENTIEL OCEAN INDIEN LtdMU 100%
- PURESSENTIEL PORTUGALPT 100%
- PURESSENTIEL SWISSCH 100%
- Puressentiel TM 100%
- PURESSENTIEL UKGB 100%
According to the 2025 annual accounts of Le Pac and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
The group is listed under Ownership & control below; here you explore it as a network.
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Ownership & control
1 board mandateLe PacBE 0842.020.673
controls
Where this company holds controlsubsidiary per the LEI register1
Ixelles · LEI lapsed
Recognitions · licences · registrations
Legal Entity Identifier
875500RL264DHV1UKY75
Identification & contact
Identification
Legal formPrivate limited company
Founded21-12-2011
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID
0208:0842020673
Registered
07-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.